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$133,400

Beds
1
Baths
1.0
sq ft
515

1105 S Ocean Blvd Unit 528, Myrtle Beach, SC 29577

1105 S Ocean Blvd Unit 528

Myrtle Beach, SC 29577

  • 334 days on market
    • Price drop $24,600↓
Wake up to the awe-inspiring sight of the sunrise over the ocean from your own direct oceanfront balcony at Coral Beach Resort. As one of Myrtle Beach's premier oceanfront destinations, Coral Beach offers unparalleled luxury and convenience. Indulge in the resort's exceptional amenities, including both indoor and outdoor pools, lazy rivers, and the unique feature of a bowling alley right on site. With an incredible rental history, Coral Beach presents not only a breathtaking home but also a lucrative investment opportunity. Conveniently located just minutes away from shopping, The Boardwalk, restaurants, The Market Common, and the vibrant entertainment scene of Broadway at the Beach. Coral Beach puts the best of Myrtle Beach right at your fingertips. Now is your chance to own a slice of paradise while enjoying all the resort amenities Coral Beach has to offer. Call today to learn more about owning your own piece of coastal luxury at Coral Beach Resort!

Details

Property type

Condominium

Est. home value

$166,282

Lot size

Unknown

Price per sq ft

$260

Year built

1987

Monthly HOA fee

$1,298

Price History

10/11/2024
MyrtleBeach

MyrtleBeach #2325683

Price change
$133,400
-15.57%
08/02/2024
MyrtleBeach

MyrtleBeach #2325683

Price change
$158,000
-1.25%
05/13/2024
MyrtleBeach

MyrtleBeach #2325683

Price change
$160,000
-4.96%

Schools & Community

Elementary school: 

Myrtle Beach Elementary School

Middle school: 

Myrtle Beach Middle School

High school: 

Myrtle Beach High School

Community features: 

Pool, Clubhouse

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$18,142
Asking price
$133,400
Closing costs (~8% of asking)
-$10,672
Est. remaining loan balance
-$104,586
Cash to seller
$18,142

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Citadel Servicing

Loan start date

December 2022

Original loan amount

$106,700

Est. remaining balance

$104,586

Interest rate

7.08%

Loan type

New Conventional, 30 year

Seller

Lawrence Giles and Lenore Smith

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 11/20/2024 at 5:25 AM

Listing updated: 11/08/2024 at 8:40 AM

Listed by: Danny Grimsley, Ocean Front Guru Real Estate Phone #: (843) 839-5200

MLS: MyrtleBeach #2325683

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